SPDR Gold Shares (GLD) Short Interest Ratio & Short Volume

Short interest is the volume of SPDR Gold Shares shares that have been sold short but have not yet been closed out or covered. As of September 15th, investors have sold 14,130,000 shares of GLD short. Learn More on SPDR Gold Shares' current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. GLD shares currently have a short interest ratio of 1.4. Learn More on SPDR Gold Shares's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of SPDR Gold Shares: Hsbc Holdings PLC, Alpine Global Management LLC, CMT Capital Markets Trading GmbH, Corecam AG, CTC LLC, Toronto Dominion Bank, Tudor Investment Corp ET AL, Sona Asset Management US LLC, Millennium Management LLC, Citadel Advisors LLC, Balyasny Asset Management L.P., Boothbay Fund Management LLC, WS Management Lllp, Schonfeld Strategic Advisors LLC, J. Goldman & Co LP, Jain Global LLC, HBK Investments L P, Incision Capital Management LP, BTG Pactual Asset Management US LLC, ExodusPoint Capital Management LP, Royal Bank of Canada, Squarepoint Ops LLC, Venture Visionary Partners LLC, Verition Fund Management LLC, Walleye Trading LLC, PEAK6 LLC, Ripple Effect Asset Management LP, Marathon Trading Investment Management LLC, Maven Securities LTD, Dymon Asia Capital Singapore PTE. LTD., Volterra Technologies LP, Marshall Wace LLP, Walleye Capital LLC, Bank of Nova Scotia, Citigroup Inc., Wells Fargo & Company MN, Jane Street Group LLC, SMA Capital LLC, Cibc World Markets Corp, CMT Capital Markets Trading GmbH, XY Capital Ltd, Sagil Capital LLP, Group One Trading LLC, Picton Mahoney Asset Management, T3 Companies LLC, Simplex Trading LLC, Swan Global Investments LLC, LPL Financial LLC, JPMorgan Chase & Co., Twin Tree Management LP, Fore Capital LLC, Lido Advisors LLC, Goldman Sachs Group Inc., BNP Paribas Financial Markets, Armor Advisors L.L.C., Belvedere Trading LLC, Simplify Asset Management Inc., Jefferies Financial Group Inc., Private Wealth Advisors LLC, and Leonteq Securities AG. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

SPDR Gold Shares saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 14,130,000 shares, an increase of 69.4% from the previous total of 8,340,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies compare to SPDR Gold Shares: iShares Gold Trust (0.70%), iShares Gold Trust Micro (0.47%), VanEck Merk Gold ETF (1.17%), GraniteShares Gold Trust (0.53%), Franklin Responsibly Sourced Gold ETF (0.02%), MicroSectors Gold 3x Leveraged ETN (9.68%), ProShares UltraShort Gold (15.66%), Defiance Gold Enhanced Options Income ETF (0.54%), MicroSectors Gold -3x Inverse Leveraged ETN (3.72%), DB Gold Double Long ETN (0.06%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Corporation ($8.81 billion), Canadian Natural Resources Limited ($5.82 billion), Reddit Inc. ($5.19 billion), Coinbase Global, Inc. ($4.52 billion), Robinhood Markets, Inc. ($4.30 billion), Charter Communications, Inc. ($3.75 billion), CoreWeave Inc. ($3.66 billion), Seagate Technology Holdings PLC ($3.57 billion), Live Nation Entertainment, Inc. ($3.33 billion), and Rocket Lab Corporation ($3.26 billion). View all of the most shorted stocks.

Short selling GLD is an investing strategy that aims to generate trading profit from SPDR Gold Shares as its price is falling. GLD shares are trading up $12.72 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for SPDR Gold Shares occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of GLD, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including GLD, twice per month. The most recent reporting period available is September, 15 2025.